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The Latest Breaking News on Financial Services

Mighty 5,000 banks have closed in 7 years with millions at risk of being cut off

Research by Which? revealed thousands of branches have closed across the UK since 2015 with a further 206 set to close by the end of next year as digital becomes king

Daily Mirror

Bank opening times over the Christmas period for Bank of Scotland, RBS, Santander and more

Be sure to check your local branch's opening time before making a trip into town.

Daily Record

Heartless fraudster who helped steal entire life savings of 84-year-old woman is jailed

Dean Clarke has been jailed for his crimes

Manchester Evening News

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Plan for former bank gets nod despite fears over noise, loutish behaviour and 'intrusive late night activity'

A planning officer's report said bringing the building back into use would ‘contribute to the vitality’ of the town centre.

Manchester Evening News

Barclays told mum-of-five she's half a million pounds overdrawn

Michelle Beckwith said she cannot pay her bills or buy presents as a result

Liverpool Echo

Tesco employee shares 11 things staff would love to say to shoppers - but can't

Christmas is a stressful time for shoppers as well as supermarket employees - here an ex-Tesco staff member has shared their honest thoughts

Chronicle Live

World Bank Approves $500 Mln to Expand Social Security in Egypt

The World Bank's executive board has approved $500 million in development financing for Egypt to expand its social safety net and protection program in the face of global economic pressures filtering through to the country's economy, the international cooperation minister said on Friday. The funds will support the government's Takaful…

Asharq Al-Awsat

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World Bank approves $500 million to expand social security in Egypt - ministry

The World Bank's executive board has approved $500 million in development financing for Egypt to expand its social safety net and protection programme in the face of global economic pressures filtering through to the country's economy, the international cooperation minister said on Friday.

Reuters

Arab League Says Ready to Facilitate Dialogue between Lebanese Rivals

Arab League Secretary General Ahmed Aboul Gheit stressed on Thursday that kicking off economic revival in Lebanon hinges on resolving the political deadlock in the country. The Arab League is prepared to facilitate dialogue between the Lebanese parties to that end, he told an economic forum in Beirut. The lack…

Asharq Al-Awsat

Ukraine's parallel war on corruption to unlock door to West

To an outsider, it may seem an unlikely time for Ukraine to double down on the battle against corruption, as missiles rain down on cities and citizens fight for their lives.

Reuters

Lenders demand access to utility bill data

The Thai Bankers' Association (TBA) plans to continue its push for the incorporation of data from utility bills into the National Credit Bureau (NCB) database as an alternative source for banks to consult when extending loans to the underbanked segment.

Bangkok Post

GSB unit unveils loan based on land pledge

Mee Tee Mee Ngern, a Government Savings Bank (GSB) subsidiary, aims to extend land collateral loans worth 10 billion baht next year, says chief executive Isara Wongrung.

Bangkok Post

HSBC: You can get £200 free cash paid into your account but just hours are left to claim

HSBC bank is currently offering those who switch to its Advance Account £200 in free money as a sign-up bonus - but the offer finishes at 11.59pm tonight

Daily Mirror

North East businesses signal pre-Christmas confidence boost

A new survey shows the region is only second to the North West in terms of optimism

Birmingham Post

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Evening Standard

London banker bonuses set to plunge amid stock market downturn

Average bank compensation could fall as much as 50% this year according to new estimates

AFP

Lebanon PM says sweeping reforms still needed despite return to growth

Beirut (AFP) - Lebanon's caretaker Prime Minister Najib Mikati said Thursday that sweeping reforms remain vital to rescue the stricken economy, despite a return to modest growth this year.

USA Today Sports Media Group

First round of bidding process for the Commanders closes this week

The first round of bids for a potential sale of the Commanders closes this week.

Reuters

El Salvador to receive $150 million from development bank for education

(This Dec. 21 story has been refiled to fix incorrect company ticker symbol)

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Daily Record

Money laundering gang who hacked football club owner's account locked up

Former lawyers Iain Robertson, 69, David Lyons, 71, and Alistair Blackwood, 68, along with Mohammed Aziz, 61, and Robert Ferguson, 67, were convicted following a trial at the High Court in Glasgow.

Evening Standard

King Charles banknotes: when will the new notes enter circulation?

King Charles and Queen Elizabeth II are the only two monarchs who have appeared on UK banknotes

Daily Record

Urgent Christmas scam warning issued to shoppers buying last-minute gifts online this week

Bank of Scotland shares six top tips to make sure your money stays safe over the festive season.

Daily Record

Earn free £200 at start of next year by switching your bank account before today

HSBC UK’s bumper boost for new customers ends on Thursday, December 22.

AFP

Yen steadies after surge

London (AFP) - The yen steadied Wednesday after its biggest daily gain versus the dollar in 24 years in the wake of a shock Bank of Japan tweak to monetary policy.

Birmingham Post

Leading UK fund manager furthers Pensana investment ahead of Saltend big build

£3.2m equity buy-in comes 12 months after initial 5 per cent stake taken by M&G Investment Management

Birmingham Post

Development Bank of Wales eyeing new British Business Bank funds

Chief executive Giles Thorley said funding to support decarbonisation of the Welsh economy is a key focus

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